CREDAI: GST ITC Restoration Crucial for Hyderabad’s Real Estate Market

N Jaideep Reddy, president of CREDAI Hyderabad, stated that subsequent reforms in the GST framework for the restoration of ITC are crucial to keep housing affordable and sustain demand in Hyderabad’s real estate market.

Relief was provided through recent GST rationalisation, but the absence of GST input tax credit (ITC) continues to increase project costs, restricting developers’ ability to pass on benefits to homebuyers, particularly in the affordable and mid-income segments.

At present, developers pay an average GST of around 18% on inputs, and when indirect levies are added, the effective tax burden attains nearly 23%. If ITC is restored, then the same benefit can flow to buyers, making homes more affordable, he expressed, urging the Union government to acknowledge additional GST reforms in the upcoming budget.

The CREDAI Hyderabad Property Show 2026 has been announced by CREDAI Hyderabad, which is scheduled to be held from February 6 to 8, 2026, at the HITEX Exhibition Centre. This event features 68 to 80 stalls, with each stall showcasing multiple projects. Over 150 residential projects across various price ranges are expected to be showcased. During the three-day event, developers are expected to offer special pricing, spot booking benefits, and exclusive deals.

To assist buyers with home loans, available at relatively stable interest rates, assistance shall be given by Housing Finance companies. As per the association, the housing demand in the city is mostly of end users, and is supported by steady home loan rates and enhanced connectivity across major growth corridors.

CREDAI, the Confederation of Real Estate Developers' Associations of India, is a leading industry body that represents real estate developers across the country. The organization works towards promoting sustainable and equitable growth in the real estate sector, advocating for policies that benefit both developers and homebuyers.